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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Hong Kong plans to regulate Virtual Money services and strengthen the AML system.
The Financial Secretary of Hong Kong stated in the latest financial budget that efforts will be made to improve the regulatory system and further strengthen the framework for combating Money Laundering and the financing of terrorism. Specific measures include considering bringing Virtual Money service providers and the jewelry, jade, and precious metals industries under regulatory oversight. The government plans to conduct public consultations on these specific proposals within this year.
The Financial Secretary pointed out that the Financial Action Task Force (FATF) has recently conducted a comprehensive assessment of Hong Kong's systems for combating Money Laundering and the financing of terrorism. It is worth mentioning that Hong Kong has become the first member region in the Asia-Pacific to successfully pass the organization's review. The government will seriously consider the recommendations put forward in the assessment report to further improve relevant systems.
In addition, the Financial Secretary also stated that Hong Kong will continue to adhere to the regulations of the Basel Committee on Banking Supervision, implementing the latest international banking regulatory standards to ensure the stability of Hong Kong's financial system. This series of measures aims to consolidate Hong Kong's status as an international financial center while effectively preventing financial risks.